When I heard about this cool savings challenge, I felt a bit embarrassed. How could I have been writing about budgeting and personal finance for so long without ever hearing about or implementing this method? So, what exactly is the 52-Week Savings Challenge, and how does it work? Simply put, you start by setting aside…
How do you achieve financial freedom and independence? Should you sacrifice it all now in order to have a better life down the road? Truth of the matter is, you can actually do both! The key is to balance aggressive saving with intentional spending to live your life while building for the future. In a…
If you are new to the world of personal finance and budgeting, or just don’t bother getting your money matters in order, the 50/30/20 rule may be just for you. What is it exactly and what do these number represent? it is a finance ratio used to simplify the way you divide your money, where…
If you are someone who thinks finance and money management is too boring, stressful, or just complicated, then I have an easy solution for you: automation! Automation, in this instance, refers to setting up systems and tools that automatically manage various aspects of your finances without requiring constant attention. This can include automatic bill payments,…
If given the choice, would you rather achieve financial security, freedom or security? If you are a bit confused and not sure which one to choose, don’t worry, most people are. In fact, we think all these represent one and the same concept of being financially set. And while that may be true, there is…
Last week, I wrote about how a simple switch of insurance providers has helped me save $100 per month. This week, and as promised in my aforementioned article, I am going to cover in more details about how I am spending this saved money. While $100 may not seem like a lot to some, when…
If you follow tech, you will notice an interesting trend over the last 2-3 decades or so:First, you have Microsoft driving away with the personal PC operating system market, leaving Apple and others in the dust. The Windows operating system has achieved near 80% dominance in the market for over 2 decades. Then there was…
When was the last time you said to yourself: ‘I am spending too much; I better start saving’? On the other hand, when was the last time you said to yourself: ‘Man, I am saving too much money and need to start spending more’? The first question is not only more likely for the vast…
We’ve all been there: striving to achieve a particular goal, whether it’s shedding pounds or mastering a new skill, only to find ourselves faltering with each attempt. But why does this happen? Weren’t we told that setting goals is the key to success? While setting goals is undoubtedly important, it’s just the beginning. Merely establishing…
As I was reading Meta’s impressive and out-of-this world earning numbers, few things came to mind: Why didn’t I invest in Meta’s shares two years ago when it was still called Facebook, with prices ranging from $90 to $210? I did consider it then, but hesitation and various factors held me back. It’s a significant…